Listed by JRE Brokerage, Stirling Properties Baton Rouge
$1,500,000
Renovated and Stabilized Multifamily on LSU Campus
Details
Property Type Multifamily
Sub Type Student Housing, Apartment Building
Square Footage 12,000
Units 14
Occupancy 79%
Tenancy Multi
Pro-Forma NOI $102,869
Buildings 2
Stories 2
Acreage 1.000
Zoning A4 – General Residential
Investment Type Stabilized
Renovated and Stabilized Multifamily Opportunity on LSU Campus
Investment highlights
Offering Memorandum https://buildout.com/sharing/carlotta-street-apartments?view_locked_docs=true
Located at 3250, 3270 Carlotta Street, this 14-unit multifamily opportunity features stabilized income and a strategic location within LSU Campus.
Currently 79% occupied, rental rates are below market with several long-term tenants in place, presenting opportunity for income growth.
Both buildings have are recently renovated and historically well-maintained.
Positioned within LSU Campus (34,700+ enrolled during Spring 2025), the property maintains strong student and professional tenant demand.
The complex enjoys a dedicated off-street parking lot.
Listing Contacts
Listed by JRE Brokerage, Stirling Properties Baton Rouge
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